Can I retire at age 50 with 539,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $539,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$44,510$44,114$43,727$43,349$42,981$41,942
2 years$22,035$21,624$21,227$20,841$20,467$19,426
3 years$14,544$14,132$13,735$13,353$12,985$11,976
4 years$10,799$10,388$9,996$9,620$9,261$8,290
5 years$8,553$8,145$7,757$7,389$7,040$6,111
6 years$7,056$6,651$6,269$5,909$5,571$4,684
7 years$5,987$5,585$5,209$4,858$4,530$3,686
8 years$5,186$4,788$4,418$4,075$3,758$2,956
9 years$4,563$4,168$3,805$3,471$3,165$2,404
10 years$4,065$3,674$3,317$2,992$2,697$1,977
11 years$3,658$3,271$2,921$2,604$2,319$1,639
12 years$3,319$2,936$2,592$2,284$2,010$1,368
13 years$3,032$2,653$2,316$2,017$1,753$1,148
14 years$2,786$2,412$2,081$1,790$1,536$968
15 years$2,574$2,203$1,879$1,597$1,353$819
16 years$2,388$2,021$1,703$1,430$1,196$695
17 years$2,224$1,862$1,550$1,284$1,060$591
18 years$2,079$1,720$1,415$1,158$943$504
19 years$1,949$1,594$1,295$1,046$840$430
20 years$1,832$1,481$1,189$947$750$368
21 years$1,726$1,380$1,093$860$672$315
22 years$1,630$1,288$1,008$782$602$270
23 years$1,543$1,205$930$712$540$232
24 years$1,463$1,129$861$649$486$199
25 years$1,390$1,059$797$593$437$171
26 years$1,322$996$739$542$394$147
27 years$1,259$937$686$496$355$126
28 years$1,201$883$638$455$320$109
29 years$1,147$833$594$417$289$94
30 years$1,097$787$553$383$261$81
31 years$1,050$744$516$351$236$69
32 years$1,006$704$481$323$214$60
33 years$965$666$449$297$193$52
34 years$927$631$420$273$175$44
35 years$890$599$392$252$159$38
36 years$856$568$367$232$144$33
37 years$824$540$344$213$130$28
38 years$793$513$322$197$118$25
39 years$764$488$301$181$107$21
40 years$737$464$283$167$97$18
41 years$711$442$265$154$88$16
42 years$686$421$249$142$80$14
43 years$663$401$233$132$73$12
44 years$640$382$219$121$66$10
45 years$619$364$206$112$60$9
46 years$599$348$193$104$54$8
47 years$579$332$181$96$49$6
48 years$561$317$170$88$45$6
49 years$543$302$160$82$41$5
50 years$526$289$151$76$37$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $539,000, adding $6,168 every year, while hoping to spend $30,114 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 38/45/17 Blend
49$539,000$539,000$539,000$539,000
50$600,340$571,773$563,419$619,871
51$629,534$567,749$550,252$630,437
52$660,696$562,518$535,635$638,516
53$693,996$555,990$519,488$646,612
54$729,618$548,069$501,725$654,740
55$767,766$538,651$482,260$662,923
56$808,662$527,629$461,000$671,187
57$852,552$514,889$437,849$679,562
58$899,702$500,308$412,707$688,088
59$950,408$483,760$385,469$696,807
60$1,004,992$465,106$356,025$705,773
61$1,063,809$444,205$324,260$715,044
62$1,127,250$420,903$290,055$724,693
63$1,195,741$395,039$253,284$734,799
64$1,269,755$366,444$213,817$745,458
65$1,349,808$334,938$171,517$756,777
66$1,436,467$300,329$126,242$768,879
67$1,530,359$262,417$77,844$781,904
68$1,632,170$220,990$26,166$796,014
69$1,742,656$175,823$0$811,389
70$1,862,648$126,679$0$833,495
71$1,993,059$73,308$0$862,713
72$2,134,896$15,444$0$894,589
73$2,289,264$0$0$929,454
74$2,457,380$0$0$991,046
75$2,640,585$0$0$1,066,568
76$2,840,353$0$0$1,148,988
77$3,058,304$0$0$1,238,983
78$3,296,227$0$0$1,337,302
79$3,556,086$0$0$1,444,765
80$3,840,045$0$0$1,562,278
81$4,150,487$0$0$1,690,836
82$4,490,035$0$0$1,831,538
83$4,861,577$0$0$1,985,591
84$5,268,293$0$0$2,154,324
85$5,713,686$0$0$2,339,205
86$6,201,612$0$0$2,541,844
87$6,736,317$0$0$2,764,021
88$7,322,480$0$0$3,007,691
89$7,965,253$0$0$3,275,010
90$8,670,308$0$0$3,568,353
91$9,443,895$0$0$3,890,334
92$10,292,899$0$0$4,243,834
93$11,224,902$0$0$4,632,027
94$12,248,256$0$0$5,058,409
95$13,372,162$0$0$5,526,830
96$14,606,756$0$0$6,041,532
97$15,963,203$0$0$6,607,189
98$17,453,805$0$0$7,228,950
99$19,092,112$0$0$7,912,488
100$20,893,054$0$0$8,664,051